News
Significance:
6/10

India slams ‘unbacked crypto’ amid RBI’s new digital currency plans

https://cointelegraph.com/news/india-slams-unbacked-crypto-rbi-digital-currency-tokenization

Helen Partz

Mentions

Regions

Code
Name
IN
🇮🇳IN

Sentiments

Target
Sentiment
Comment
Bearish
Indian government expresses skepticism towards Bitcoin, stating it has no sovereign backing.
Bullish
RBI is launching new digital currency initiatives aimed at improving transaction efficiency.